On March 7, 2005, National Futures Association ("NFA") submitted the above-captioned requirements to the Commodity Futures Trading Commission ("CFTC" or "Commission") for its review and approval. NFA withdrew that submission on August 22, 2005. Pursuant to Section 17(j) of the Commodity Exchange Act, as amended, NFA hereby resubmits, as modified, the proposed amendments to Financial Requirements Section 1 (to impose a capital requirement on FCMs with retail forex affiliates) and the Interpretive Notice regarding Forex Transactions with Forex Dealer Members. These proposals were approved by NFA's Board of Directors ("Board") on November 17, 2005. NFA respectfully requests Commission review and approval of the proposed amendments.